Wolcott, IN

Census Place

2024 Population

1,033

US Senator

Todd Young

Republican Party

US Senator

Jim Banks

Republican Party

2024 Median Age

41.6

7.77% 1-year increase

2024 Poverty Rate

11.5%

26.5% 1-year increase

2024 Median Household Income

$66,875

5.73% 1-year decline

2024 Median Property Value

$113,900

Population & Diversity

Wolcott, IN is home to a population of 1.03k people, from which 98.2% are citizens.

As of 2024, 4.36% of Wolcott, IN residents were born outside of the country (45 people).

In 2024, there were 10.4 times more White (Non-Hispanic) residents (812 people) in Wolcott, IN than any other race or ethnicity. There were 78 Other (Hispanic) and 62 Black or African American (Non-Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

98.2%

2024 Citizenship

98.2%

2023 Citizenship

As of 2024, 98.2% of Wolcott, IN residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in Wolcott, IN was 98.2%, meaning that the rate of citizenship has been decreasing.

The following chart shows US citizenship percentages in Wolcott, IN compared to that of it's neighboring and parent geographies.

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Wolcott, IN

White (Non-Hispanic)
812 ± 148
Other (Hispanic)
78 ± 95
Black or African American (Non-Hispanic)
62 ± 40

10.6%

Hispanic Population

110 people

10.6% of the people in Wolcott, IN are hispanic (110 people).

The following chart shows the 8 races represented in Wolcott, IN as a share of the total population.

Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for Indiana.

Most Common Origin

Mexico
111,417 ± 8,128 people
India
37,388 ± 4,734 people
Nigeria
18,164 ± 3,304 people

In 2024, the most common birthplace for the foreign-born residents of Indiana was Mexico, the natal country of 111,417 Indiana residents, followed by India with 37,388 and Nigeria with 18,164.

Foreign-Born Population

4.36%

2024 Foreign-Born Population

45 people

3.54%

2023 Foreign-Born Population

37 people

As of 2024, 4.36% of Wolcott, IN residents (45 people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in Wolcott, IN was 3.54%, meaning that the rate has been increasing.

The following chart shows the percentage of foreign-born residents in Wolcott, IN compared to that of it's neighboring and parent geographies.

Military

Veterans

Most Common Service Period

Vietnam
17 ± 21
Korea
9 ± 20
Gulf War (1990s)
4 ± 14

Wolcott, IN has a large population of military personnel who served in Vietnam, 1.89 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in Wolcott, IN.

Economy

The economy of Wolcott, IN employs 529 people. In 2024, the largest industries in Wolcott, IN were Manufacturing (164 people), Transportation & Warehousing (62 people), and Health Care & Social Assistance (59 people), and the highest paying industries were Finance & Insurance ($112,500), Finance & Insurance, & Real Estate & Rental & Leasing ($88,750), and Other Services Except Public Administration ($65,000).

Employment

Occupations

529

2024 Value

± 110

4.55%

1 Year growth

± 27.9%

From 2023 to 2024, employment in Wolcott, IN grew at a rate of 4.55%, from 506 employees to 529 employees.

The most common job groups, by number of people living in Wolcott, IN, are Production Occupations (84 people), Transportation Occupations (60 people), and Material Moving Occupations (57 people). This chart illustrates the share breakdown of the primary jobs held by residents of Wolcott, IN.

Unemployment Insurance Claims

Data is only available at the state level. Showing data for Indiana.

This chart shows weekly unemployment insurance claims in Indiana (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

Industries

Employment by Industries

529

2024 Value

± 110

4.55%

1 Year growth

± 27.9%

From 2023 to 2024, employment in Wolcott, IN grew at a rate of 4.55%, from 506 employees to 529 employees.

The most common employment sectors for those who live in Wolcott, IN, are Manufacturing (164 people), Transportation & Warehousing (62 people), and Health Care & Social Assistance (59 people). This chart shows the share breakdown of the primary industries for residents of Wolcott, IN, though some of these residents may live in Wolcott, IN and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$50,956

Median earning men ± $8,540

$36,296

Median earning women ± $2,513

The industries with the best median earnings for men in 2024 are Finance & Insurance, & Real Estate & Rental & Leasing ($101,667), Other Services Except Public Administration ($67,500), and Construction ($62,083).

The industries with the best median earnings for women in 2024 are Public Administration ($145,417), Other Services Except Public Administration ($48,750), and Manufacturing ($38,026).

Housing & Living

The median property value in Wolcott, IN was $113,900 in 2024, which is 0.342 times smaller than the national average of $332,700. Between 2023 and 2024 the median property value increased from $112,500 to $113,900, a 1.24% increase. The homeownership rate in Wolcott, IN is 83.3%, which is higher than the national average of 65.2%.

People in Wolcott, IN have an average commute time of 20.1 minutes, and they drove alone to work. Car ownership in Wolcott, IN is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$113,900

Median Property Value 2024

±$19,691

$369

Median Property Taxes

±$72

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Wolcott, IN the largest share of households pay taxes in the < $800 range.

The chart underneath the paragraph shows the property taxes in Wolcott, IN compared to it's parent and neighbor geographies.

Rent vs Own

83.3%

Homeownership

2024

57.1%

Homeowners with Mortgage

2024

In 2024, 83.3% of the housing units in Wolcott, IN were occupied by their owner. This percentage grew from the previous year's rate of 80.4%.

This chart shows the percentage of owner in Wolcott, IN compared it's parent and neighboring geographies.

Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$66,875

Median Household Income

± $18,123

443

Number of Households

± 77

In 2024, the median household income of the 443 households in Wolcott, IN declined from $66,875 from the previous year's value of $70,938.

The following chart displays the households in Wolcott, IN distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $100k - $125k range.

Wage Distribution

The closest comparable wage GINI for Wolcott, IN is from Indiana.

0.442

2024 Wage GINI in Indiana

0.445

2023 Wage GINI in Indiana

In 2024, the income inequality in Indiana was 0.442 according to the GINI calculation of the wage distribution. Income inequality had a 0.807% decline from 2023 to 2024, which means that wage distribution grew somewhat more even. The GINI for Indiana was lower than than the national average of 0.474. In other words, wages are distributed more evenly in Indiana in comparison to the national average.

This chart shows the number of workers in Indiana across various wage buckets compared to the national average.

Transportation

Commuter Transportation

Most Common Commute in 2024

Drove Alone (74%)
Carpooled (16%)
Walked (4.43%)

In 2024, 74% of workers in Wolcott, IN drove alone to work, followed by those who carpooled to work (16%) and those who walked to work (4.43%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

Commute Time

20.1 minutes

Average Travel Time

Using averages, employees in Wolcott, IN have a shorter commute time (20.1 minutes) than the normal US worker (26.4 minutes). Additionally, 1.2% of the workforce in Wolcott, IN have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Wolcott, IN compares to that of it's neighboring and parent geographies.

Car Ownership

2 cars

Average Number

The following chart displays the households in Wolcott, IN distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Wolcott, IN have 2 cars.

Poverty

Poverty & Diversity

11.5% of the population for whom poverty status is determined in Wolcott, IN (118 out of 1.03k people) live below the poverty line, a number that is lower than the national average of 12.5%. The largest demographic living in poverty are Males 75+, followed by Females < 5 and then Males 18 - 24.

The most common racial or ethnic group living below the poverty line in Wolcott, IN is White, followed by Hispanic and Asian.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798, followed by New York (5,087).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

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